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Description
Excellent investment opportunity at 611 61st Ave Terrace E, Bradenton, FL! This duplex features two 1,200 sq. ft. units, each offering 3 bedrooms and 2 bathrooms. Each unit commands $2,195 per month, providing potential combined rental income of $4,390/month ($52,680 annually).The left unit is currently tenant occupied, while the right unit is vacant, giving a new owner the flexibility to place a tenant, occupy one side, or pursue other rental strategies. A similarly sized duplex with 2-bedroom/2-bath units recently sold for $425,000, providing a strong nearby point of comparison for this larger 3-bedroom configuration.Great opportunity for an investor seeking an income-producing multifamily property in Bradenton.
Property Highlights
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.16 Acres
Roof Type: Shingle
Taxes: $4,626
Year Built: 1981
General Information
Sqft: 2,388
County: Manatee
Subdivision: SECLUDED ACRES
Listed By:
Clarence Fields
FIELDS OF PROSPER LLC
813-424-0643
MLS ID: TB8545739
Amenities
Ninguno
None
Property Features
Annual Net Income: 14400.00
Days on Site: 2
Directions: From US-301 in Bradenton, head west on 63rd Ave E. Turn right onto 9th St E, then turn left onto 61st Ave Terrace E. Continue to 611 61st Ave Terrace E, Bradenton, FL, which will be on your right.
Exterior: Stucco
Flood Zone Code: X
Foundation: Block
Home Warranty Y/N: No
Lot Dimensions: 0.16
Other Equipment: None
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Appointment Only
Special Sale Provisions: None
Utilities: Electricity Available
Water: Public
Water Access Y/N: No
Zoning: RDD6
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611 61st Avenue Terrace E, Bradenton, FL 34203.
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Estimated Payment
$ 1,924.59 per month $1,416.59 Principal & Interest $385.50 Property Tax $122.50 Homeowner's InsuranceChange Payment Information
About this area
About Bradenton
Bradenton—situated on Florida's Gulf Coast—is a vibrant city that blends coastal charm with cultural richness. Surrounded by pristine beaches and the tranquil waters of the Manatee River, Bradenton offers a relaxed coastal lifestyle. The downtown Riverwalk district—with its art galleries, shops, and waterfront parks—reflects the city's commitment to culture and recreation. Home to the Village of the Arts, Bradenton celebrates local creativity and hosts events like the Bradenton Blues Festival. With a mix of historic neighborhoods, modern amenities, and a warm community spirit, Bradenton provides residents and visitors alike with a diverse and inviting Florida experience.
Learn More About Living in Bradenton, Florida
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